Altosmarket

Based on WikiFX assessment, Altosmarket presents a high-risk profile and cannot be considered reliable by standard industry benchmarks. The primary concern is its regulatory status: the broker holds no verified license from a reputable financial authority. WikiFX data indicates the entity operates with an unverified and incorrectly attributed regulatory claim, which means client funds lack the protections of genuine oversight. Furthermore, the broker receives a very low overall WikiFX score of 1.53 out of 10, reflecting significant deficiencies across multiple operational areas. Prospective clients must exercise extreme caution.

No, Altosmarket is not regulated for forex and CFD trading. While its profile mentions a Market Making license from the Cyprus Securities and Exchange Commission (CYSEC), WikiFX verification shows this license is not held by Altosmarket itself. The license number 124/10 is registered to a separate entity named ORBEX LIMITED. The status of this license is listed as 'Unverified'. Therefore, Altosmarket Holding Limited operates without any credible, valid regulatory authorization, placing it outside the oversight of major financial watchdogs.

Altosmarket offers tiered account structures with varying minimum deposit requirements. According to WikiFX data, the BRONZE account requires a minimum deposit of $500, the SILVER account requires $1,000, and the GOLD account requires a substantial initial deposit of $10,000. These entry points, particularly for the BRONZE and SILVER tiers, are significantly higher than the industry average, which often starts below $100 for basic accounts at regulated brokers.

Information regarding the specific trading platforms supported by Altosmarket, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not publicly detailed in its current profile. The platform specification is a critical component of a broker's offering, affecting order execution, charting tools, and automated trading capabilities. Traders are advised to confirm this information directly with the broker before committing any funds.